Warning first-time buyers could be hit if cash ISA limit is cut

By: ameer@trustedteam.com

Slashing the cash ISA limit could hurt people saving for short-term goals including first-time buyers, a mortgage lender has warned this week. The post Warning first-time buyers could be...

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Mortgage rates as low as 3.64% as Nationwide makes more cuts

By: ameer@trustedteam.com

Nationwide has cut mortgage prices again and is now offering a deal with a rate of 3.64%. The post Mortgage rates as low as 3.64% as Nationwide makes more...

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US median first-time homebuyer age now at record-high of 40

By: ameer@trustedteam.com

The age at which people purchase their first home has climbed rapidly since 2021, when the median was 33, according to a National Association of Realtors survey of transactions...

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How servicers can control costs in a tough market: Livegage

By: ameer@trustedteam.com

Newer automation that can serve as a wraparound to existing technology can cut servicing costs in a competitive industry, according to fintech executives.

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Knock debuts new buy-before-you-sell bridge loan

By: ameer@trustedteam.com

The new financing offering provides consumers with the same benefits of its original bridge loan while supporting more loan programs

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Opteon acquires Equity Valuation Partners, expands US presence

By: ameer@trustedteam.com

Equity Valuation Partners provides residential and commercial appraisal services across the U.S. and will operate under the Opteon brand.

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Newrez faces another zombie-seconds class action filing

By: ameer@trustedteam.com

The latest case comes after at least three other zombie lawsuits in the past year, with the owner of the loan in question claiming $173,000 in past-due interest.

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Fannie Mae, Freddie Mac housing goals need revisions: MBA

By: ameer@trustedteam.com

While FHFA reduced most of the single-family low-income goals, the MBA wants the refinance target for Fannie Mae and Freddie Mac cut as well, its letter said.

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Flagstar agrees to $31.5 million data breach settlement

By: ameer@trustedteam.com

The agreement, if approved by a federal judge, would end litigation over two distinct cybersecurity incidents in 2021 which affected over 2 million customers.

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FHFA’s internal watchdog reportedly ousted

By: ameer@trustedteam.com

The inspector general’s office, responsible for overseeing the regulator, now sits vacant amid Director Bill Pulte’s swift changes and numerous fraud probes.

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